Nifty Futures Trading

[Czar]

its crossing over

 

[uasish]

Friday we may see 2608 in the opening,until this TL breaks upward.

 

[Czar]

there's a 3rd gap at 2900, market may be wanting to cover that fatafat ? but the triangle suggests otherwise

 

[uasish]

Asish da why is current future in discount ? its expiry .... kind of weired

Alex,

On expiry day as it is today,the last half Hrs weighted close is taken as Closing Price for Auto squaring for those who have not squared.
So Shorts (today) or Longs they give a Last PUSH.
They do that becoz now say if anybody is Short from 2750 even if he/she takes a fresh short no way his/her Avg. Price is going to be touched,thatswhy you find these things.
Hope this clarifies.

Asish

 

[orderflow13]

Alex,

On expiry day as it is today,the last half Hrs weighted close is taken as Closing Price for Auto squaring for those who have not squared.
So Shorts (today) or Longs they give a Last PUSH.
They do that becoz now say if anybody is Short from 2750 even if he/she takes a fresh short no way his/her Avg. Price is going to be touched,thatswhy you find these things.
Hope this clarifies.

Asish

Thanks Asish da, hope u make ur evening rounds after 3 nov. as we guys will miss ur invaluable experience.
If I am getting it clear , can we say today no fresh positions been created.It was a day where the game played between old crooks?

 

[uasish]

there's a 3rd gap at 2900, market may be wanting to cover that fatafat ? but the triangle suggests otherwise

http://www.traderji.com/equities/11687-do-we-know-nifty-going-bounce-6.html#post242992

It has to cross these hurdels,no fatafat Sir.

 

[uasish]

Thanks Asish da, hope u make ur evening rounds after 3 nov. as we guys will miss ur invaluable experience.
If I am getting it clear , can we say today no fresh positions been created.It was a day where the game played between old crooks?

Yeah if i get time even can burge in at trading hrs for few mins.

 

[uasish]

Czar,

Got the pm ,i believe.

Asish

 

[uasish]

Nifty Fut 5 mins with Ristance & Support.
Today Resistance is imp.

 

[S S]

Nifty Fut 5 mins with Ristance & Support.
Today Resistance is imp.

Ashida da, Pardon me... but I feel that 2936, the high of last week on 24th Oct may be the major resistance. The Nifty Futures on SG are currently howering oevr it just now.

Edited after markets opened : Corretion : Now, may be the first resistance shall be the 10 days EMA